Sunday, December 22, 2024
spot_img
spot_img
HomeNewsBusiness WireInternational Designs Group Acquires Trajus Surfaces

International Designs Group Acquires Trajus Surfaces

The Acquisition Expands International Designs Group’s Geographic Footprint and Bolsters the Platform’s Product Portfolio

ATLANTA–(BUSINESS WIRE)–International Designs Group LLC (“International Designs” or “IDG”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has acquired Trajus Surfaces, LLC (“Surfaces,” or the “Company”), a leading distributor of engineered quartz and natural stone products in the Mid-Atlantic and Northeastern United States. Comprising two brands, European Granite & Marble and Marva Marble, Surfaces will join IDG’s portfolio, which includes United Materials, Inc. (“UMI”), Construction Resources, and Cancos Tile & Stone.

The Surfaces acquisition expands IDG’s geographic footprint through the Mid-Atlantic and Northeast regions, enhancing the combined platform’s distribution reach and further strengthening its relationships with key customer and vendor partners. The united resources and operational capabilities of International Designs and Surfaces provide a differentiated opportunity to bring together leading brands in the marketplace, accelerate growth and further strengthen IDG’s ability to serve the surfacing, kitchen and bath and home products industries.

“We are very excited to announce our partnership with Surfaces, and look forward to embarking upon our next chapter of growth. This strategic move is an exceptional opportunity to expand beyond the Southeast into the Mid-Atlantic and Northeast regions. We believe that the acquisition secures IDG’s footprint in the kitchen, bath and construction industry across the Eastern United States. We look forward to partnering with Surfaces and its leadership team,” said Mitch Hires, CEO of International Designs Group.

“The acquisition of Surfaces is a key building block for IDG. With a strong presence in the Mid-Atlantic region, Surfaces further expands IDG’s geographic footprint, allowing our distribution capabilities to reach a new cohort of customers. We look forward to supporting IDG as they advance Surfaces’ growth plan,” added Michael Duran, Founder and Managing Partner of Mill Point.

About Trajus Surfaces

Trajus Surfaces is a group of esteemed engineered quartz and natural stone distribution companies committed to providing the finest products and exceptional customer service. With extensive global supply chain knowledge, strong partnerships with renowned quarries and a comprehensive, seamless approach to service, these companies bring high quality stone to customers along the East Coast and beyond. Included within Trajus Surfaces are Marva Marble and European Granite & Marble. For more information, please visit egmsurfaces.com or marvamarble.com.

About International Designs Group

International Designs Group is a leading supplier of top-quality slab and tile materials for the kitchen and bath industry. IDG offers exclusive brands like Pompeii Quartz and Forum Quartz, as well as its tile label, CTC (Cancos). In addition to slab and tile distribution, IDG has showrooms in several eastern U.S. states, including Alabama, Georgia, South Carolina, Florida and New York. These showrooms highlight and sell the company’s distinctive slab and tile products, and also provide a range of complementary specialty products for the kitchen and bath. For more information, please visit www.internationaldesignsgroup.com.

About Mill Point Capital

Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies in North America across the Business services, IT Services and Industrials sectors. Mill Point’s experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.

Contacts

Jiaeh Kim, info@millpoint.com, 212-416-5800

spot_img
RELATED ARTICLES
spot_img
spot_img
spot_img

Caribbean News

IMF management approves new staff monitored-program with Haiti

Management of the International Monetary Fund (IMF) approved on December 20, 2024, a Staff-Monitored Program (SMP) with Haiti covering the period through December...

Global News

ILO – International Seabed Authority signs landmark agreement to protect human life and promote decent work

GENEVA, Switzerland, (ILO News) – The International Labour Organization (ILO) and the International Seabed Authority (ISA) have signed an agreement to advance decent work,...